Useful links
Unit of study_
ECON6912: Topics in Empirical Macroeconomics
2024 unit information
This unit provides an overview of structural modelling and structural estimation techniques for macroeconomic applications. The unit aims to provide students with the tools to empirically evaluate the causal effects of monetary and fiscal policy in macroeconomic data using the suite of models commonly employed by central banks.
Unit details and rules
Managing faculty or University school:
Economics
| Code | ECON6912 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
|
Prerequisites:
?
|
(ECON6001 or ECON6701) and (ECON6002 or ECON6702) and (ECON6003 or ECON6703) and (ECMT6002 or ECMT6702) |
|---|---|
|
Corequisites:
?
|
ECON6903 |
| Prohibitions:
?
|
ECON4915 |
| Assumed knowledge:
?
|
None |
At the completion of this unit, you should be able to:
- LO1. List and explain the assumptions underlying linear regression models and some nonlinear models
- LO2. Understand major econometric methods, including least squares, instrumental variable, 2SLS, and maximum likelihood
- LO3. Interpret the estimates from the application of models
- LO4. Explain the advantages and disadvantages of various models and estimators
- LO5. Apply appropriate models and estimators to real data sets using specialised econometric software.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
|
Semester 2 2024
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
|
Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
